EUR/USD Price Analysis: Interim hurdle lines up at 1.1917


  • EUR/USD reclaims ground lost on Tuesday and returns to the 1.1870/80 band.
  • Further north emerges the interim resistance at 1.1917.

EUR/USD leaves behind Tuesday’s pullback and refocuses on the upper end of the recent range, although still below the 1.19 yardstick.

Extra upside stays well on the table as long as last week’s tops near 1.1920 are cleared. Further up comes in the August’s peak at 1.1965 ahead of the 2020 highs beyond the psychological 1.20 mark.

Looking at the broader scenario, the bullish view on EUR/USD is expected to remain unchanged as long as the pair trades above the critical 200-day SMA, today at 1.1213.

EUR/USD daily chart

EUR/USD

Overview
Today last price 1.1869
Today Daily Change 44
Today Daily Change % 0.19
Today daily open 1.1847
 
Trends
Daily SMA20 1.1842
Daily SMA50 1.1724
Daily SMA100 1.1411
Daily SMA200 1.1212
 
Levels
Previous Daily High 1.1901
Previous Daily Low 1.184
Previous Weekly High 1.1918
Previous Weekly Low 1.1753
Previous Monthly High 1.1966
Previous Monthly Low 1.1696
Daily Fibonacci 38.2% 1.1863
Daily Fibonacci 61.8% 1.1877
Daily Pivot Point S1 1.1824
Daily Pivot Point S2 1.1801
Daily Pivot Point S3 1.1763
Daily Pivot Point R1 1.1885
Daily Pivot Point R2 1.1924
Daily Pivot Point R3 1.1946

 

 

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